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Foraying into the lucrative protein supplementation segment, Menhood parent Macobs Technologies has entered a share purchase agreement to acquire 50.01% stake in health and wellness-focussed D2C brand Getmymettle for INR 10.5 Cr.
In a stock exchange filing, the company said it bought 1.49 Lakh equity shares of the D2C brand’s parent Dhanta Wellness Pvt Ltd at INR 707.2 per share, taking the total deal value to INR 10.5 Cr. The deal is expected to fructify within one month.
Founded in 2023 and…
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Foraying into the lucrative protein supplementation segment, Menhood parent Macobs Technologies has entered a share purchase agreement to acquire 50.01% stake in health and wellness-focussed D2C brand Getmymettle for INR 10.5 Cr.
In a stock exchange filing, the company said it bought 1.49 Lakh equity shares of the D2C brand’s parent Dhanta Wellness Pvt Ltd at INR 707.2 per share, taking the total deal value to INR 10.5 Cr. The deal is expected to fructify within one month.
Founded in 2023 and…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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